NetworkNewsBreaks Archive - Page 1385 of 1625

TuesdayApr 03, 2018 3:09 pm

NetworkNewsBreaks – Aurora Cannabis, Inc. (TSX: ACB) (OTCQX: ACBFF) and CanniMed Therapeutics Inc. (TSX: CMED) Name Interim CEO of CanniMed

Aurora Cannabis, Inc. (TSX: ACB) (OTCQX: ACBFF), together with CanniMed Therapeutics Inc. (TSX: CMED), recently announced that Brent Zettl has resigned from his position as CEO of CanniMed. Andrċ Jérôme was appointed as interim CEO and Zettl will remain available to CanniMed and Aurora in an advisory capacity to assist during the integration period. This update comes as Aurora nears the completion of the acquisition of all the outstanding shares of CanniMed. "The integration of Aurora and CanniMed is well underway, and we anticipate updating the market frequently on developments as CanniMed is aligned with the Aurora Standard and expands…

TuesdayApr 03, 2018 12:29 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces FY2017 Financial Results

Global life sciences company Pressure BioSciences Inc. (OTCQB: PBIO) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2017. The company also provided a business update and offered limited guidance for FY2018. Among the highlights, PBIO reported $502,708 in total revenue for the three-month period, marking a year-over-year increase of 20 percent that it attributed primarily to double-digit growth in its products and services. The company recorded similarly strong results for the 12-month period, reporting $2.24 million in annual revenue for a year-over-year increase of 13 percent. “This past year was filled with a…

TuesdayApr 03, 2018 10:22 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Strengthens ICS Partnership through New Compliance Services Agreement

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary, this morning announced that Integrated Compliance Solutions (“ICS”) has committed to serve as the compliance arm of the company’s upcoming full-service payment solution powered by GreenBox’s state-of-the-art closed loop blockchain technology. A leading provider of compliance services within the burgeoning cannabis industry, ICS serves a number of cannabis-focused banks and recently established a service agreement with TheraCann and TKS Ventures, further solidifying itself as a leading provider of critical compliance-related services and solutions to businesses operating in cannabis-related verticals. “ICS has done an excellent job…

TuesdayApr 03, 2018 10:20 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Launches New Website Offering Direct-to-Consumer CBD-based Products

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the official launch of its wholly-owned subsidiary SingleSeed’s newly updated website, www.SingleSeed.com. The new website is focused on selling cannabidiol (“CBD”) based products direct-to-consumer and is currently live and taking orders. Consumers can receive a free two-pack of the company’s hemp-based CBD capsules on orders of $50 or more using the promo code SING. Additionally, SingleSeed has engaged e-commerce experts to help drive online awareness and will be working with online influencers to help drive brand awareness. To view the full press release, visit http://nnw.fm/9HL5o About SinglePoint, Inc. SinglePoint, Inc.…

TuesdayApr 03, 2018 9:47 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases 2017 Audited Consolidated Financial Statements; Generates $4M in Sales in First 60 days of 2018

PotNetwork Holding (OTC: POTN) this morning announced the release of audited consolidated financial statements reporting sales of $14.5 million for 2017, with gross profits of $5,180,865. Additionally, the statements showed a positive net income of $178,918 despite large reinvestments PotNetwork made during the year toward its future growth. The company also reported that it has generated $4 million in sales in just the first 60 days of 2018, representing an increase of over 300% compared to the same time period in 2017. PotNetwork attributes the company’s growth in 2018 primarily to its wholly owned subsidiary, Diamond CBD Inc. To view…

TuesdayApr 03, 2018 9:20 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Plans to List Zinc-Air Fuel Cell Division; Issue Dividend to Shareholders

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that it intends to publicly list its wholly owned subsidiary ZincNyx Energy Solutions Inc. and pay a partial share dividend of ZincNyx directly to MGX shareholders of record. The company plans to immediately dividend a portion of shares in the current privately held subsidiary as part of a one-time distribution to existing shareholders, resulting in a new publicly-traded company that will be primarily owned by MGX and its shareholders of record. The date of record for the share dividend distribution will be announced…

MondayApr 02, 2018 3:11 pm

NetworkNewsBreaks – Consorteum Holdings, Inc. (CSRH) Unveils Plans for Cricket-Focused Global Predictive Analytics Mobile Offering

Software development and mobile solutions company Consorteum Holdings, Inc. (OTC: CSRH), through wholly owned subsidiary 359 Mobile Inc., today announced plans to release its first global predictive analytics mobile offering. Per the update, the new product, which is scheduled to be the first to be released pursuant to 359’s exclusive distribution contract with DevLex Ltd., will be dedicated to the global sport of cricket. The company expects to release the application for both Android and iOS devices in the second quarter of this year. “Our ability to launch this first mobile predictive analytics offering for Cricket fans globally is an…

MondayApr 02, 2018 2:31 pm

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) To Capitalize on Growing Demand for CBD-based Health Products

Market analysis company ChineseInvestors.com (OTCQB: CIIX) recently announced its plan to spinoff all hemp-related assets into a single private company. CBD Biotechnology Co. Ltd., ChineseHempOil.com, Inc. and Hemp Logic Inc. will comprise the new company. An article discussing the company’s plan reads: “The subsidiaries are well positioned to achieve significant growth. This spinoff is part of the groundwork to capitalize on the growing demand for CBD-based nutrition and health products in the U.S. and China. In January, these subsidiaries made a combined $100,000. The progress of the newly formed company will be overseen by CIIX, but the spinoff of CBD-focused…

MondayApr 02, 2018 2:12 pm

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Aims to Become Canada’s Premier Cannabis Brand

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is positioning itself to make the most of the Canadian cannabis industry’s anticipated spike. An article discussing the company reads: “Choom™ is targeting nothing less than becoming the premier recreational cannabis brand in Canada. With its fully-integrated business model, the company aims to be the seed-to-sale market leader in reaching the Canadian cannabis consumer. Choom™ intends to become a leading Canadian cannabis grower and will be developing a chain of high-end branded retail cannabis dispensaries in strategic Canadian jurisdictions. Choom™ retail stores will provide discriminating cannabis consumers a…

MondayApr 02, 2018 2:02 pm

NetworkNewsBreaks – First Cobalt Corp.’s (TSX.V: FCC) (OTCQB: FTSSF) North American Properties Provide Viable Alternative to African Cobalt

Junior explorer First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) is able to evade the negative publicity regarding mining African cobalt since the company’s cobalt properties are located in North America. An article discussing the company reads: “First Cobalt’s assets also include a mill and the only permitted cobalt extraction refinery in North America capable of producing battery materials. The refinery will require some modification before it can begin operating; however, this is a much less costly and speedier option than attempting to construct a new facility and get it permitted. It has the added advantage of all the environmental permits already…

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